Brent oil price attempted to breach 81.00 level yesterday but it closed the daily candlestick below it, to keep the bearish trend scenario active, waiting to resume the negative trades to head towards our next main target at 77.45.
Stochastic provides negative signals that we are waiting to assist to push the price to achieve the expected decline, which will remain valid unless the price confirmed breaching 81.00 level.
The expected trading range for today is between 79.40 support and 82.40 resistance.
The expected trend for today: Bearish
Origin: Economies
